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Friday, 13 February 2015

India NIFTY Index: 13 February 2015, Friday, 10.57pm Singapore Time

India NIFTY Index: 13 February 2015, Friday, 10.57pm Singapore Time

India market is still within a strong RED Up-Channel after having broken out a previous BLACK Up-Channel. This RED Up-Channel is an accelerated Up-Channel, reflecting the strength of Indian economy. However, it is at critical resistance now. This resistance will restrict any upside from here and also regulate the movement of India market.

India Market Current State:
Neutral with Limited Upside for 2015



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